Government looking for new Chief Economic Advisor, Subramanian’s term ending next month

Government invites applications for new Chief Economic Adviser: The government has started the search for a new Chief Economic Adviser. The government has invited applications for this post. According to the news of PTI, the new Chief Economic Adviser will replace KV Subramanian, whose three-year term ends next month i.e. in November. Subramanian was appointed as the CEA on December 7, 2018. He took charge on 24 December the same year.

Notice issued on October 24, 2021
According to the news, according to the notice issued by the Department of Economic Affairs of the Ministry of Finance on October 24, 2021, the Central, State Governments, Reserve Bank and Public Sector Banks regularly hold similar posts in parent cadre or departments. The working officers can apply for this post. Candidates working in recognized university or recognized research institutes or central regulatory bodies and registered private institutions or financial institutions can also apply for this post.

Must have a master’s degree in economics or finance
The candidate applying for the post of CEA (chief economic advisor of India) must have a master’s degree in economics or finance from a recognized university or institute. It has been said in the notice that the candidate applying for this appointment to be done on contract should have six years experience in economic research or economic advisor or economic reforms assessment. Apart from this, the candidate should also have one year administrative experience of work in the Central or State Government.

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Age should not be more than 56 years
The notice states that the selection committee will have the right to call or shortlist candidates from the list of applicants. The last date to apply is 20 days from the date of publication of the advertisement. Applicant’s age should not be more than 56 years. However, the tenure information for this appointment has not been given in the advertisement. This post is falling vacant at a time when the economy affected by the pandemic is now on the path of revival.

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